The benefit of three years of increases, in which Microsoft and Alphabet doubled in size, tripled Amazon.com and Facebook has become five times, the actions of computers and software have advanced to almost 21% of the S & P 500 index near the peak of the last 15 years. The distance between the technology sector and the second largest group, the banks, is close to the highest in history.
Although this distance reawaken concerns anyone who has gone through the fall of 2000, the rise of business technology has its virtues and, in some respects, is a sign of health of the market. For example, reflecting the decline in influence of banks, which had a much larger share of the S & P 500 in the years prior to the financial crisis. It is also an indication of the reason: the technology is one of the only sectors where results continue to increase
“The underlying economy is moving more towards the technology, then it probably is not inconsistent that it encompasses. more of the market, “said Brent Schutte, head of strategy at Milwaukee’s asset management unit of Northwestern Mutual Life Insurance, which manages 89 billion. “I’m not saying that technology is cheap,” he said. “I’m just delete the notion that this is a bubble about to happen.”
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